The circular flow model shows the flow of:
A) products from households to businesses and the flow of resources from businesses to households.
B) products from households to businesses and the flow of productive resources from households to businesses.
C) products from businesses to households and the flow of money from households to
Businesses.
D) products from businesses to households and the flow of productive resources from households to businesses.
Correct Answer:
Verified
Q33: All final goods and services that make
Q34: Which one of the following statements is
Q35: Economic values that are measured in units
Q36: Which one of the following statements is
Q37: Which of the following would not be
Q39: In the circular flow model, the demand
Q40: Consumption includes expenditure on:
A) durable goods and
Q41: Narrbegin Exhibit 11.3 GDP data (billions
Q42: Gross national expenditure (GNE) is equal to:
A)
Q43: Narrbegin Exhibit 11.2 GDP data (billions
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